Tokyo - The euro resumed its slump on Thursday, sitting around 12-year lows against the dollar, as the European Central Bank's (ECB) new stimulus and the likelihood of a US rate hike push the embattled unit closer to parity with the greenback.
In Tokyo afternoon trade, the common currency fell to $1.0515, down from $1.0548 in New York where it hit $1.0510 at one stage.
The euro also weakened to ¥127.72 from ¥128.10 in US trade, while the dollar was slightly higher at ¥121.45 against ¥121.44.